Sour grapes: Wine club that spammed Aussies in liquidation The Courier Mail
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Türkiye’s Onur Air declared bankrupt ch-aviation
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Issam Qadamani
The government borrows, but it also repays its debts. This is the essence of the 2026 financing budget.
The net increase in public debt is the difference between the funds borrowed to meet financing needs and the amounts used to repay debts. The financing budget cannot be understood by looking only at the borrowing side – its uses are equally critical and serve as the true measure of the government’s financial performance.
Under the 2026 financing budget, total borrowing during the year will reach JD7.1 billion. These funds will cover debt repayments, interest, and installments. In addition, the government will finance a financial deficit of JD2.1 billion, settle the Water Authority’s deficit and dues of JD330…
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NxtGen Driving Academy described itself as “one of the fastest growing driving schools in East Anglia”.
Instructors were based in Suffolk, Norfolk, Staffordshire, Buckinghamshire, Essex, Cambridgeshire, Sussex, North Wales and Cheshire.
Some of the instructors were employed directly by the company, while others ran their own franchises.
In addition to learners, HMRC is also owed in the region of £180,000, suppliers and service providers more than £45,000, and the firm’s 19 employees more than £33,000, according to the company’s statement of affairs.
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Pacific tax pact to counter China’s ‘debt-trap diplomacy’ The Australian
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Africa has a debt crisis: momentum from G20 in South Africa can help find solutions Press Trust of India
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BDS Express offered a wide range of services, including freight operations, warehousing and storage. Image: BDS Group
BDS Group Managing Director Harry Rathour has shared his account of why the Melbourne-based company he started from scratch in 2014 was placed into liquidation last week.
Six entities under the group – BDS Express Trading, BDS Tyres, BDS Express Services, BDS Express Operations, BDS Express Holdings and BDS Assets – entered liquidation on Tuesday, November 11. It is unclear how much creditors are owed and how many staff have been impacted.
In a statement and video posted to his company’s social media pages, the former truckie stressed the collapse of the national logistics company and its entities came as a…
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In parallel, the BOT is pushing forward with JV AMCs, or joint-venture asset management companies. The central bank has now issued a formal regulatory framework, with the goal of providing a special tool to help financial institutions manage bad debt in the system more efficiently, acting as a mechanism for banks to offload legacy NPLs.
BOT: 2–3 banks interested in setting up JV AMCs
Vitai Ratanakorn, governor of the BOT, said JV AMCs have attracted strong interest following the central bank’s new notification issued last week. The announcement reopened the door for commercial banks to set up JV AMCs after the previous regulation expired on December 31, 2024, which had prevented interested banks from moving forward for some…
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